APAC Market Forecast
The automated optical inspection market in the Asia Pacific region is expected to hold the largest share of about 32% during the forecast period. The adoption of AOI systems is growing in the region as a means of guaranteeing high-precision inspection and flaw identification, which enhances production procedures and product quality. The AOI system market is set to grow, providing both local and foreign producers with profitable prospects as China maintains its position as the world's manufacturing leader. Additionally, growing disposable income has led to a rise in the demand for cars and consumer electronics in nations like China and India, which has fueled the demand for high-quality electronic components and fueled the market's expansion. China's passenger automobile sector produced over 23.8 million vehicles in 2022.
North American Market Statistics
North America automated optical inspection market is projected to hold 28% of the revenue share by 2036. The growth of the region is due to increased technical innovation and breakthroughs in all of the region's manufacturing industries. Growing consumer desire for smartphones and other smaller, faster, and more compact electronics is another factor propelling this market in this region. With more than 310 million smartphone users as of 2023, the US has one of the largest smartphone markets in the world.
Author Credits: Abhishek Verma
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